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According to the public record, 548B Road, Sutton is a mid-century leasehold apartment with 337 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 548B Road, Sutton is £182,008 and the estimated rental value is £1,069 per month.
The apartment is within 548, London Road, Cheam, Sutton, SM3.
London Road, Cheam, Sutton, SM3 is located in the borough of Sutton within the SM3 postal district.
548B Road, Sutton has 2 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated March 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 548B Road, Sutton is in very good condition we estimate a sale value of £191,108 and a rental value of £1,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,267 and a rental value of £994 per month.
Over the last 12 months the sale value of 548B Road Sutton has increased by an estimated £1,842 (1.0%) and its rental value has increased by an estimated £54 per month (5.1%), giving an expected gross yield of 7%.
548B Road, Sutton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Mar 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 548B Road, Sutton was last sold on 15th December 2014 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2014, the market for similar properties has risen 54.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 548B Road, Sutton within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, 509A, London Road, Sutton, SM3 8JR, a leasehold flat which sold for £255,000 on the 9th May 2024.
Read more about house prices in SM3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Cheam, Sutton, SM3 has a total of 627 addresses. According to our analysis of all the public data, 548B Road, Sutton is the 584th largest and the 593rd most expensive property on the street.
When compared to the postcode district it is £342k less expensive than the average property in SM3.
The closest station to 548B Road, Sutton is West Sutton station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 548B Road, Sutton, 33.7% of property is privately owned outright and 33.2% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 548B Road, Sutton, 23.4% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 548B Road, Sutton, the average age was 39.2 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 548B Road, Sutton, 0.7% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 548B Road, Sutton, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.